The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1887-05-07

AND NORTHERN RAILROAD COM
PANY.
STATE OF LOUISIANA, PARISH OF
OUACHITA.
DE IT KNOWN AND REMEMBERED
ID that we the undersigned parties, Will
liam A. Bright. James Converse, Charles
NJ. Right, Z. Il. Morgan, J. w. johnson,
A. w. Files, all of whom are subscribers to
stockholders in the Houston, Central Ar
kansas 81 Northern railroad Company,
availing ourselves Of the privileges con-
ferred by the Constitution and Statutes OF
the State ofLouisiana relative to the organ
ization of corporations for Public Improve
| mont have formed ourselves into cor
poration, and do hereby and by these
Presents form organize and constitute
| ourselves and all such other persons
| as may hereafter become associated with us
into Body Corporate or Corporation and
to that end and for that purpose do cove
| nant and agree to be governed by the fol-
lowing stipulations, obligations and regn-
lations as Articles of Corporation, which
are to be the charter of said corporation,
! to-wit:
ARTICLE I.
Tho name and title of this corporation
shall be The Houston, Central Arkansas a.
Northern Railroad COMPANY and that bv
said name said corporation Shall have sue y
cession and corporate existence for and
tduring the full term of ninety-nine years
| from the date OF this act. unless sooner dis
solved. It may sue and be sued ; may hold
real and personal estate: may make con-
| tracts; may receive grants of land. and
personal property, and generally shall pos
such corporations are or may be authorized
to possess under tho Constitution or by any
general law Of this State.
! ARTICLE II.
| The place chosen for tho domicile of said
| corporation is Monroe, in tho parish OF
Ouachita, State Of Louisiana.
| ARTICLE III.
| The purposes for which said corporation
has been and is established are:
Section l. TO locate, construct, own and
manage Il railroad, with ono or more tracts
and suitable turnouts and switches upon
such gauge and construction, and upon such
| Il course or route as the chief engineer of the
company with the approval of the directors
may deem most advisable and expedient be-
ginning at q point at Or near Monroe. in the
parish of Ouachita. Louisiana, and running
thence through the parishes OF Ouachita
and Morehouse said State on such route as
| may be selected to such a point on the Line
between the States of Louisiana and Ar
kansas as may be selected by the said chief
engineer and there to connect with a rail-
| road constructed or to be constructed, from
| said point on said State Line in tho State
of Arkansas. through the counties of Ash
10y, Drew, Lincoln and Jefferson to point
| at or near Pine Bluff, Arkansas, and hav-
ing the same name as this corporation
This being q continuation of said route
! from said Arkansas and Louisiana Line to
| the city of Monroe, Louisiana.
Sec. 2. To locate, construct lease, own,
operate, maintain and sesuch branch rail
| roads and tracts as {, maj GRITTY of the direc-
tors of said corporation may deem proper,
eXpedient and for the interest of said COM
pany; sadscompany shall not be restricted
in tho exercise fthis privilege to the State
of Louisiana but may connect its main line
with any other limo or lines in such other
privilege within their limits; and the said
company shall have 4 right to establish
and maintain proper elevators, and freight
ard passenger depots at such points and
places as may he deemed most expedient
and proper; and said company shall have
the right to acquire by appropriation such
property as it may require for tracks. road
bed. depots, elevators or other necessary
purposes.
Sec. ). To purchase, hold, operate, main
tain and use any connecting railroad or
railroads. or to consolidate with the same
and make one company under tho name OF
the companies so consolidated Or any other
name.
Sec. 4. TO construct, establish or pur-
after to own, maintain and use such
wharves, bridges, piers, harbors, steam
boats, warehouses; elevators, yards, depots,
stations and other works as said company
may Doom necessary, or as will aid said
company in tho prosecution of tho purposes
for which it was and is formed, and to
manage and operate tho Same in such man
ner rs may DO deemed necessary and most
likely to promote the welfare of said COM
party.
Sec. 8. 10 tako. transport, carry and
convey pelsons and property upon its said
railroad and to receive for safe keeping and
to store merchandise and property in it's
yards, elevators and warehouses; and to
receive for such transrortati safe keep
ing or storage such tolls and charges rs
may from time to time be established by
the directors of said railroad company; to
make advances of money credits for
charges made by othor transportation lines
upon merchandise or property to be trans
ported upon its own roads or to be stored
extent and on such terms and conditions as
the directors OF said company may from
time to time establish.
Soc g. TO obtain and receive by grant,
gift, devise and bequcath both real and per-
sonaI property and to have and to hold the
same for tho purposes and objects Of said
company.
Sec 7. TO construct said railroad and
maintain tho same and to have the right Of
way for the same across along or upon any
of tho water courses. streets highways or
other public places of said State.
See. s. To appropriate property accord
ing to existing and future laws.
Sec. .. TO borrow money, to purchase
and lease property en- it's own credits for
the purpose Of coustructing and maintain
ing said railroad or establishing continuous
and connecting lines as hereto fore provided;
and as evidence of the Indebtedness of said
company for such loans, or the purchase or
lease OF such pro- crty to issue its corporate
bonds orrfomissofy notes, bearing interest
ut such ratio pcr annurn as tho directors may
elect, and ma 20 payable at such times and
places as may be deemed most to tho ad-
vantage OF said corporation and for secur-
ing tho payment of said bonds or notes, to
mortgage or pledge its capital stock, its
corporate franchises, and any all of it's
real or personal property, or both.
ARTICLE ".
All citations shall be served upon he Pres